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JPMorgan boosts CEO Jamie Dimon’s pay 10% to $55 million for 2025

Mr Dimon, 69, runs the biggest US bank, which notched its eighth consecutive year of record revenue, and is also one of the longest tenured CEOs atop Wall Street.

Trump sues JPMorgan, CEO Jamie Dimon for $6.4 billion over alleged debanking

The lawsuit accuses the largest US bank of debanking Mr Trump (left) by closing several of his accounts to further a political agenda.

Indonesia’s rupiah hits record low on central bank independence worries

The rupiah slid to 16,985 per US dollar on Tuesday ahead of a policy decision by the central bank this week.

HSBC starts review of insurance business in Singapore

HSBC said that Singapore is a “priority market for the group” and that it will continue to offer insurance products to customers here.

HSBC said to be weighing sale of Singapore insurance business

HSBC’s Singapore insurance business includes life and critical illness, savings, personal accident and health.

JPMorgan says Trump’s credit card cap would hurt consumers and the economy

Top JPMorgan executives including CEO Jamie Dimon said Mr Trump’s proposed 10 per cent cap on credit card interest rates would severely hurt consumers in growing industry pushback.

Morgan Stanley lifts Asia bonuses 20 per cent after record revenue haul

Despite a record year in Asia, Morgan Stanley cautioned against raising bonuses too sharply, aiming to smooth compensation.

BlackRock cuts hundreds of jobs, trimming about 1% of staff

The reductions amount to about 250 employees firmwide and include members of its investment and sales teams.

Citi to cut about 1,000 jobs this week as CEO trims costs

The US banking giant, which had 227,000 employees at the end of September, is culling its ranks as part of a plan to eliminate 20,000 jobs by the end of 2026.

US banks concerned over Trump call to slash credit card rates

President Donald Trump during an interview at the White House in Washington on Wednesday, Jan. 7, 2026. Even for a continent whose leaders have grown used to TrumpÕs repeated assault on longstanding alliances in Europe, the renewed targeting of Greenland left officials shaken, appalled and nervous, according to several of the officials. (Doug Mills/The New York Times)

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.